Saraswati Saree Depot Limited

Company Profile
Company Name Saraswati Saree Depot Limited
Open Date 12-08-2024
Close Date 14-08-2024
Exchange BSE, NSE
Lot Size 90 Shares
Issue Price ₹152 to ₹160 per share
Issue Size 1,00,00,800 shares
Application Amount ₹ 14,400 – ₹ 1,87,200 (90 to 1,170 shares)
Recommendation Apply

Saraswati Saree Depot Limited was established on March 18, 2021. The registered office is located at Kolhapur, Maharashtra. The company is engaged in the wholesale business of sarees and other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. They have two stores which are located at Kolhapur and Ulhasnagar, Maharashtra. The company had 314 permanent employees as of June 30, 2024.

(Read more on the review)

Financial Summary in Cr.

KPI’s FY 22 FY 23 FY 24
Revenue 549.58 601.89 610.90
EBITDA 20.85 34.05 40.43
Net Profit 12.31 22.97 29.53
RoCE 163.14% 93.43% 60.77%
ROE 99.20% 64.93% 45.49%
P/E 43.01 23.05 17.94

Tentative Timeline

Opening Date 12/08/2024
Closing Date 14-08-2024
Basis of Allotment 16-08-2024
Initiation of Refunds 19-08-2024
Credit of Shares to Demat 19-08-2024
Listing Date 20-08-2024

Objects of the Issue

Funding Working Capital Requirements.
General Corporate Purposes.

Contact Information

Registered Office Saraswati Saree Depot Limited Sr No.144/1 Manademala, Near Tawade Hotel, Gandhinagar Road, Uchagaon, Kolhapur – 416005
Phone +919271009858
Email cs@saraswatisareedepotlimited.com
Website https://www.saraswatisareedepot.com/home

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered -
QIB Shares Offered 5,000,400 (50.00%)
NII (HNI) Shares Offered 1,500,120 (15.00%)
Retail Shares Offered 3,500,280 (35.00%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 74.75%

Contact Us to Enable Your Success!